Loan for people who require working capital / funds to finance the activities mentioned below and can provide land, vehicles or gold ornaments as collateral for the bank. NRSP provides a loan minimum 80000 Rs and maximum 1000000 Rs to establish your business or fulfill all other needs. Maximum loan duration is 36 month which is enough too to meet all needs. All Pakistani citizen can apply for this loan the loan process is so easy and rapid which is detailed below
Kissan Zarri Taraqiati Loan Purpose of loan
· Agricultural development:
Solar Power Plant for Well / Turbine, Tractor, Car, Laser Level, Rotavator or purchase of any other agricultural equipment.
· Agricultural production:
Working capital for the purchase of agricultural inputs, that is, seeds, fertilizers, etc.
Kissan Zarri Taraqiati Loan key Features
1. Loan Amount: Minimum Loan Amount Rs, 80,000/-Maximum Loan Amount: Rs.1000,000/-
2. Loan Duration: Minimum Loan Duration: 3 Months Maximum 36.
3. Mark Up Rate: As per applicable Schedule of Charges
4. Repayment Frequency
a. Monthly (Having montly income)
b. Sami-annul (Having sami-annual incorme from crop etc)
c. Lump-sum/Bullet (Having bullet income from crop etc
5. Loan Processing Time (TAT): 7 days from completion of required documents.
6. Early Closure: Allowed and Markup will be charged on loan utilized period only.
7. Late Payment Penalty: Zero
Kissan Zarri Taraqiati Loan Types of Collateral/Security
1. Lien on Agri Pass Book
2. Hypothecation on Vehicle
3. Gold/Gold Ornaments
4. Urban Rural Registered Property
5. Guarantee Letter
6. Post Dated Cheques
7. Demand Promissory Note
How to Apply For NRSP Microfinance Bank Loans:
· Click on the link to explore the bank branches for application: https://www.nrspbank.com/branches
NRSP Microfinance Bank Contact Information:
· Address: NRSP Microfinance Bank Limited, Near Baghdad Railway Station, University Road, Bahawalpur 63100, Pakistan.
· Phone: +92-62-2285126
· Email: email@example.com
· Toll Free: 080006777Attachments area